ISSN 2394-5125
 

Research Article 


TOLLBLOCKS AN ETHEREUM BASED TOLL PROCESSING SYSTEM USING BLOCKCHAIN

Ninad Manjaramkar, Snehal Naikare, Sumeet Patil, Vineet Shinde, Atul Pawar.

Abstract
Contracts are obligations that involve multiple parties and stakeholders. Road - Toll collection contracts have certain guidelines and rules for collection of toll tax from vehicles against the use of constructed roads. Representation of such rules for collection of toll taxes using a smart contract, which is a paradigm based on blockchain, will solve some of the drawbacks of current toll collection and management system. The proposed methodology uses the strengths of blockchain to propose a solution to the current toll tax collection system, by ensuring complete transparency between tax payers and collectors and also attempts to curb the malicious collection of taxes from commuters. Blockchain will enable a radical way of approaching transactions as compared to the traditional society approved method where trust is placed on a central third party to carry out transactions. The purpose of this paper is to provide a alternative method of processing toll tax transactions, using ethereum based smart contracts, written in solidity language, to transform traditional desktop applications into blockchain based web application, which perform better, consume lesser resources and are much more secure as compared to the current system.

Key words: toll-collection, road-contracts, blockchain, ethereum, smart-contract, transactions, vehicles.


 
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How to Cite this Article
Pubmed Style

Ninad Manjaramkar, Snehal Naikare, Sumeet Patil, Vineet Shinde, Atul Pawar. TOLLBLOCKS AN ETHEREUM BASED TOLL PROCESSING SYSTEM USING BLOCKCHAIN. JCR. 2020; 7(19): 2357-2363. doi:10.31838/jcr.07.19.284


Web Style

Ninad Manjaramkar, Snehal Naikare, Sumeet Patil, Vineet Shinde, Atul Pawar. TOLLBLOCKS AN ETHEREUM BASED TOLL PROCESSING SYSTEM USING BLOCKCHAIN. http://www.jcreview.com/?mno=114934 [Access: September 16, 2020]. doi:10.31838/jcr.07.19.284


AMA (American Medical Association) Style

Ninad Manjaramkar, Snehal Naikare, Sumeet Patil, Vineet Shinde, Atul Pawar. TOLLBLOCKS AN ETHEREUM BASED TOLL PROCESSING SYSTEM USING BLOCKCHAIN. JCR. 2020; 7(19): 2357-2363. doi:10.31838/jcr.07.19.284



Vancouver/ICMJE Style

Ninad Manjaramkar, Snehal Naikare, Sumeet Patil, Vineet Shinde, Atul Pawar. TOLLBLOCKS AN ETHEREUM BASED TOLL PROCESSING SYSTEM USING BLOCKCHAIN. JCR. (2020), [cited September 16, 2020]; 7(19): 2357-2363. doi:10.31838/jcr.07.19.284



Harvard Style

Ninad Manjaramkar, Snehal Naikare, Sumeet Patil, Vineet Shinde, Atul Pawar (2020) TOLLBLOCKS AN ETHEREUM BASED TOLL PROCESSING SYSTEM USING BLOCKCHAIN. JCR, 7 (19), 2357-2363. doi:10.31838/jcr.07.19.284



Turabian Style

Ninad Manjaramkar, Snehal Naikare, Sumeet Patil, Vineet Shinde, Atul Pawar. 2020. TOLLBLOCKS AN ETHEREUM BASED TOLL PROCESSING SYSTEM USING BLOCKCHAIN. Journal of Critical Reviews, 7 (19), 2357-2363. doi:10.31838/jcr.07.19.284



Chicago Style

Ninad Manjaramkar, Snehal Naikare, Sumeet Patil, Vineet Shinde, Atul Pawar. "TOLLBLOCKS AN ETHEREUM BASED TOLL PROCESSING SYSTEM USING BLOCKCHAIN." Journal of Critical Reviews 7 (2020), 2357-2363. doi:10.31838/jcr.07.19.284



MLA (The Modern Language Association) Style

Ninad Manjaramkar, Snehal Naikare, Sumeet Patil, Vineet Shinde, Atul Pawar. "TOLLBLOCKS AN ETHEREUM BASED TOLL PROCESSING SYSTEM USING BLOCKCHAIN." Journal of Critical Reviews 7.19 (2020), 2357-2363. Print. doi:10.31838/jcr.07.19.284



APA (American Psychological Association) Style

Ninad Manjaramkar, Snehal Naikare, Sumeet Patil, Vineet Shinde, Atul Pawar (2020) TOLLBLOCKS AN ETHEREUM BASED TOLL PROCESSING SYSTEM USING BLOCKCHAIN. Journal of Critical Reviews, 7 (19), 2357-2363. doi:10.31838/jcr.07.19.284